Bitcoin is back above $105,000, and the bulls are buzzing. After briefly dipping below $99K earlier this month, BTC has rebounded sharply—fueled by a ceasefire in the Middle East, strong ETF inflows, and renewed institutional demand. The $105K level is now acting as a key support zone, with technical indicators like the 50-day EMA and RSI suggesting a potential push higher.
Analysts are eyeing the $108K–$111K range as the next resistance band. If Bitcoin can break above $111K—its April all-time high—it could trigger a fresh leg up toward $114K or beyond. The macro backdrop is also supportive: the Fed is expected to hold rates steady, and risk appetite is returning across markets.
So is a new high in June still on the table? It’s not guaranteed, but the setup is there. As long as BTC holds above $103K and momentum builds, a breakout could be just one catalyst away.
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